Question

(TCO A) Explain how computer-aided design and flexible manufacturing help create small niches in the market place. Provide and example of how a market with different niches might be served.

Answer 1

Step-by-step explanation:

Computer aided design as well as flexible manufacturing assists in creating small niches in market place, this is done because it gives room for organizations to produce different variety of their product in numbers. This implies that organizations can streamline their offers towards small niches in the market place.

For example if in 2012 Yamaha gave 16 passengers motorcycles within the Yamaha product line. Yamaha will also offer different models of this product with each having different features and prices.